Lakeview Homes under $500,000

Lakeview Homes under $500,000

Welcome to Lakeview, one of Chicago's most vibrant and desirable neighborhoods! Nestled along the picturesque shores of Lake Michigan, Lakeview is a dynamic blend of urban living and natural beauty, making it an ideal place to call home. With its tree-lined streets, charming parks, and a plethora of dining and entertainment options, Lakeview offers a unique lifestyle that caters to everyone—from young professionals to families.

One of the standout features of Lakeview is its diverse housing market, with an array of homes available for under $500,000. Whether you're seeking a cozy condo with stunning lake views or a classic Chicago bungalow with character, Lakeview has something to suit every taste and budget. The neighborhood's rich architectural heritage is reflected in its historic buildings, while newer developments provide modern amenities and conveniences.

Living in Lakeview means enjoying easy access to a variety of parks, including the expansive Lincoln Park, where you can take leisurely strolls, enjoy picnics, or partake in outdoor sports. The area is also home to a vibrant arts scene, with theaters, galleries, and live music venues just a stone's throw away. Plus, with excellent public transportation options, commuting to downtown Chicago is a breeze.

Discover the charm and convenience of Lakeview, where community spirit thrives and the beauty of nature meets urban sophistication. With homes under $500,000, now is the perfect time to explore what this enchanting neighborhood has to offer!

Newest Lakeview Homes under $500,000

3410 N Lake Shore Drive Unit #15G, Chicago
$249,000
1 Beds ⋅ 1 Baths ⋅ 12777035 MLS ⋅ NEW Status
Great condo on Lake Shore DR between Roscoe and Hawthorne. Bus is right out your front door and so is Lake Michigan! Rent parking on site ( about 300 mo ) Super low assessment includes heat water cable and internet. Laundry room and storage 2nd floor. 24 hour doorman. New kitchen cabinets, diswasher, and quartz countertop. Fresh paint and professionally cleaned make this a best buy! AFFORDABLE lakefront living.

3410 N Lake Shore Drive Unit #15G, Chicago
330 W Diversey Parkway Unit #706, Chicago
$350,000
2 Beds ⋅ 2 Baths ⋅ 12776940 MLS ⋅ NEW Status
Beautiful mid century modern 2 bedroom and 2 bath home located in an architectural treasure, Mies Van Der Rohe with Lincoln Park as your front yard. The walls of windows bring in lots of light. Hardwood flooring through the living, dining, kitchen and 2nd bedroom. The kitchen has the original Mies cabinetry and stainless steel appliances. Primary bath has been redone with beautiful tile and vanity. Generous closets. Attached valet parking is available for 2 cars and convenient guest parking. Full amenity building featuring 24 hour doorman, outdoor pool with sundeck, grills and outdoor dining area, playground, exercise room, storage and bike room, cleaners/valet and market. Spectacular location to the park, Lake, Nettlehorst Elementary School, Diversey Harbor, the best shopping, dining, public transportation steps away.

330 W Diversey Parkway Unit #706, Chicago
3100 N Lake Shore Drive Unit #1408, Chicago
$382,000
2 Beds ⋅ 1 Baths ⋅ 12752243 MLS ⋅ NEW Status ⋅ Darien Condominium BLDG.
STOP LOOKING! This rarely available, high-floor East/North corner condo at the enviable Darien offers sweeping forever views of Lake Michigan and Belmont Harbor from every room. This approximately 950sf 2br/1ba home was gut renovated and thoughtfully reconfigured from top to bottom, creating an exceptional open-concept kitchen, living and dining space that is equally ideal for entertaining or relaxing. The chic kitchen features abundant modern flat-panel cabinetry, quartz countertops, glass backsplash and stainless-steel appliances. The extra-large primary bedroom offers a custom-organized closet, while the second bedroom is perfect as a guest room or home office. The completely renovated bath features a modern vanity with storage, inset medicine cabinet, designer tile and lighting. High-end, American-made LVP flooring throughout. Enjoy panoramic city and lake views - and Chicago's famous Air and Water show - directly from your condominium or from the communal roof deck, which also offers a grill. Amenities include a recently renovated hospitality room for daily use or parties, on-site fitness room, laundry facilities, indoor garage parking, 24/7 door staff, and on-site management. No waiting list, onsite, leased parking available. The Lake View East location is second to very few - steps from Lincoln Park and a short walk to the lakefront, Belmont Harbor, bike/running path, parks, playgrounds, athletic fields and Diversey Driving Range. Public transportation is steps away, while Broadway is just two blocks away with Mariano's, shopping, dining, cafes, bars, gyms, theaters, and more. The Darien is a historically financially strong building with 2.6MM in reserves. Rentals are allowed. 1408 is a truly one-of-a-kind, high-floor corner home with extraordinary views. It's a sophisticated renovation in an unbeatable lakefront location. Come see it before it's gone!

3100 N Lake Shore Drive Unit #1408, Chicago
3950 N Lake Shore Drive Unit #703, Chicago
$225,000
2 Beds ⋅ 1 Baths ⋅ 12776483 MLS ⋅ NEW Status
GET READY to enjoy spectacular sunrises and lovely LAKE VIEWS from your own private lakefront retreat across Lake Michigan! Freshly painted and move-in ready, this fantastic 2BR/1BA with park and lake views is a MUST-SEE! You'll love the location and all the amazing natural light in this lucky 7th floor home offering the incoming owner a turnkey, move-in ready space featuring warm honey toned flooring throughout, a fully renovated kitchen with crisp white cabinetry, sparkling natural stone counters and all new and newer stainless appliances! The bathroom was completely renovated with modern vanity, a soaker tub and plenty of storage. All the major items are done including the risers! Assessment incl. all utilities - Heat, Gas, AC, Electricity, Cable, Internet, and Private Storage too! 3950 N Lake Shore is a full amenity building and offers 24 hour door staff, on-site maintenance and management, exercise room, roof deck, sundeck, convenience store & garage and guest parking on site! Property Information: Reserves Approx $4.6M | No Specials Pending or Planned | Risers Completed | ESA & Service Dogs Only | Move-in/Move-out Fee: $325-$375 | Bike Storage $50/Annual | 62% Owner Occupied | Investors Welcome. This is a FANTASTIC entry level price point and affords you the opportunity to stabilize your housing payment and live in one of the best locations in the city paying less than rent! With all of Chicago's world class amenities nearby, buy it for yourself, your college student or use it as your Pied-a-terre in the city! Close to downtown and Wrigley, the best of Lakeview is at your doorstep! This Lakeview East home is steps from all the Lakefront amenities, Wrigley, with the convenience of public transportation nearby and downtown mere minutes away. This home presents a FANTASTIC opportunity to homeownership in one of the best neighborhoods in the city at an unbeatable price! DON'T MISS IT!

3950 N Lake Shore Drive Unit #703, Chicago
655 W Irving Park Road Unit #502, Chicago
$305,000
2 Beds ⋅ 2 Baths ⋅ 12775459 MLS ⋅ NEW Status
Fantastic value for this northeast corner unit at Park Place Tower! Filled with natural light, this spacious home features wall-to-wall windows in the living and dining areas, hardwood floors throughout the main living spaces, and carpet in both bedrooms. The entire unit has just been professionally painted and updated with new light fixtures. The bedroom carpets were also professionally steam cleaned after the photos were taken and present beautifully. The large, open living and dining areas offer plenty of space for entertaining, while the open-concept kitchen features granite countertops, oak cabinetry, and stainless steel appliances. The spacious primary bedroom includes an en-suite bath and generous closet space. The second bedroom offers a large window, ample space, and a sizable closet. Park Place Tower is a full-amenity building offering exceptional convenience and an impressive array of features, including an outdoor pool and sundeck with cabanas, grilling area, party room with pool table, fully equipped fitness center, dog run, theater room, 24-hour door staff, on-site laundry, and an in-building market. Ideally located just one block from the lakefront, with easy access to bike and running trails, golf, tennis courts, restaurants, nightlife, and public transportation. A deeded valet parking space, #VO86, is available for an additional $20,000.

655 W Irving Park Road Unit #502, Chicago
3440 N Lake Shore Drive Unit #3C, Chicago
$169,000
1 Beds ⋅ 1 Baths ⋅ 12775669 MLS ⋅ NEW Status
Rarely available and fabulous Investor friendly opportunity!! This one-bedroom has views of the lakefront and Belmont Harbor. Exceptionally maintained building with 24-hour door staff, onsite maintenance and management, storage lockers, newly renovated large laundry room, and exercise room. This is a full service "concierge type building". The building is in great condition having replaced elevators, risers, and windows. Monthly assessment includes heat, air conditioning, internet, and cable. Rental garage parking available in the building for $230 per month. Steps to all things amazing!!!

3440 N Lake Shore Drive Unit #3C, Chicago
3150 N Sheffield Avenue Unit #607, Chicago
$350,000
1 Beds ⋅ 1 Baths ⋅ 12766408 MLS ⋅ NEW Status
Step inside a piece of Chicago history that's as solid as it gets. Located in a converted bank building, this unit offers a unique blend of industrial strength and modern finishes. Because this building was originally designed to house a bank, it's built like a vault-offering a level of structural integrity and quiet that you just don't find in newer construction. The interior has been thoughtfully updated to balance its rugged heritage with high-end comfort. You'll find soaring ceilings and expansive windows that flood the space with natural light, highlighting the premium finishes and open-concept layout. The kitchen and living areas flow seamlessly, with the bonus loft space that creates an inviting atmosphere as well as providing extra storage and space. Every corner of this home feels intentional, from the polished floors to the sleek fixtures. Living here means enjoying the character of a historic landmark without sacrificing the conveniences of a modern lifestyle. Situated in the heart of Lakeview, across from the famous Vic Theater, you're just moments away from the best dining, coffee shops, and entertainment the neighborhood has to offer. The building just reinstalled a new rooftop deck perfect for sun lounging and entertaining. Easy street or Rental Parking avail next door for $250/mo. Storage and Laundry in building.

3150 N Sheffield Avenue Unit #607, Chicago
3200 N Lake Shore Drive Unit #2202, Chicago
$439,900
2 Beds ⋅ 2 Baths ⋅ 12773092 MLS ⋅ NEW Status
Welcome to high-rise lakefront living at its finest! Unit 2202 is a beautifully updated, light-filled condo offering a generous 1,250 square feet of living space. The layout features an expansive, open living and dining area framed by wall-to-wall windows, ensuring you'll enjoy incredible views of Lake Michigan and Belmont Harbor from every room. The kitchen and dining area are designed for both style and function, boasting solid wood cabinetry, a dedicated space for a dining table, and an extra-long granite counter that offers additional dining space and comfortable bar seating. Thoughtfully installed solar blinds are found throughout the home, allowing natural sunlight to pour in while blocking glare and harsh UV rays. For added ease, the living room blinds are motorized and controlled by remote. Situated in a premier building on Lake Shore Drive, this home perfectly blends modern convenience with a full suite of amenities. Residents enjoy the peace of mind provided by a 24-hour security/doorperson and an electronic receiving room for secure package delivery. The building also offers 24-hour access to an expansive workout room for your fitness routine, an indoor pool and sauna for year-round relaxation, and an outdoor deck perfect for taking in the fresh air. Additional conveniences include a dedicated bike room and parking available for an extra cost. The location is a dream for those who love the outdoors, sitting just moments from Belmont Harbor and the lakefront path. With the Diversey Driving Range and Sydney Marovitz Golf Course also nearby, you can experience the very best of lakefront living in a home that truly has it all.

3200 N Lake Shore Drive Unit #2202, Chicago
2930 N Sheridan Road Unit #2201, Chicago
$435,000
2 Beds ⋅ 2 Baths ⋅ 12773622 MLS ⋅ NEW Status
Sun-filled corner penthouse in East Lakeview with sweeping views and easy access to the building's rooftop deck. This top-floor home features an open kitchen with an island, stainless steel appliances, granite countertops and 42-inch cherry cabinetry. Hardwood floors, solid-core doors and heated floors add to the home's appeal. The stone baths feature waterfall faucets, undermount sinks and high-quality fixtures. Residents enjoy a fitness room, party lounge and rooftop deck with panoramic views. The location puts the lakefront, Lincoln Park, neighborhood restaurants, shopping and nightlife close to home, with convenient access to express buses.

2930 N Sheridan Road Unit #2201, Chicago
555 W Cornelia Avenue Unit #1002, Chicago
$215,000
1 Beds ⋅ 1 Baths ⋅ 12770986 MLS ⋅ NEW Status
Welcome to this bright and inviting corner-unit condo in the heart of Lakeview at 555 W. Cornelia. This 1-bedroom, 1-bath home offers an open layout, abundant natural light, and sweeping city and pool views from a private balcony. The spacious living and dining area features an open floor plan, and large windows welcoming south facing natural light all day long, creating an ideal space for both everyday living and entertaining. The updated kitchen offers stainless steel appliances and generous cabinet storage. The generously sized bedroom comfortably accommodates a queen or king-sized bed and features a large closet. Storage is plentiful in this unit with a separate coat closet, large utility closet, and linen closet! Step outside to your private balcony and take in beautiful Chicago skyline views - a great spot for morning coffee, an evening drink, or simply enjoying the city from home. Residents of this well-maintained, secure building enjoy an impressive array of amenities, including a recently renovated lobby, party room with full kitchen and complimentary Wi-Fi, locker rooms, and a large outdoor pool and sun deck complete with grills and lounge furniture. On-site management adds convenience and peace of mind. Located in the heart of Lakeview, you're just minutes from public transportation, restaurants, shopping, nightlife, and everything this vibrant neighborhood has to offer. HOA: $782/month, including heat, Wi-Fi, common insurance, exterior maintenance, lawn care, and snow removal. A great combination of location, views, amenities, and value - come see what makes this Lakeview condo stand out.

555 W Cornelia Avenue Unit #1002, Chicago
636 W Waveland Avenue Unit #4D, Chicago
$240,000
1 Beds ⋅ 1 Baths ⋅ 12770958 MLS ⋅ ACTIVE Status
Welcome home to Unit 4D at Waveland Court, a gated 1926 courtyard building on one of East Lakeview's most sought-after blocks. This top-floor one-bedroom sits above the treetops, with sunny living room windows looking out over the landscaped courtyard below. The living room is anchored by a true wood-burning fireplace, a rare find that makes Chicago winters something to look forward to. Hardwood floors run through the living room and bedroom. The eat-in kitchen offers warm wood cabinetry, granite counters, a glass mosaic backsplash, stainless steel appliances including a gas range and dishwasher, and a built-in breakfast bar, and it opens onto a private balcony made for morning coffee or evening grilling. The bedroom comfortably fits a queen bed and has generous closet space. The bath features a marble-topped vanity and a full tub with shower. An in-unit washer and dryer, a private walk-in storage locker and a bike room take care of the practical side. Monthly assessments cover heat, gas, water, cable, and building upkeep, which keeps utility bills simple. The building is pet friendly. Parking is available nearby. The location is hard to beat. You are a short walk from the lakefront path, Waveland Golf Course, Montrose and Belmont Harbors, Wrigley Field, and the shops and restaurants of Broadway and Clark. Express buses to the Loop, a Divvy station and quick Lake Shore Drive access make the commute easy. Grocery stores, pharmacies and a fitness center are all within a few blocks. Top-floor light, vintage character and a lakefront address at an accessible price. Schedule your showing today.

636 W Waveland Avenue Unit #4D, Chicago
3835 N Ashland Avenue Unit #1G, Chicago
$499,000
3 Beds ⋅ 2 Baths ⋅ 12771109 MLS ⋅ ACTIVE Status
Welcome to this spacious 3-bedroom, 2-bathroom condo situated in Lake View, just a short distance to the popular Southport Corridor and within the top-rated Blaine School District! Set within a handsome brick building, this home boasts an expansive open-concept living and dining area featuring updated flooring, recessed lighting, and the first of two cozy tile-surround fireplaces. French doors lead directly out to one of two outdoor patio spaces, making indoor/outdoor entertaining seamless. The well-appointed kitchen overlooks the dining area with a convenient raised breakfast bar, crisp white cabinetry, granite counter space, and stainless steel appliances including a gas range, side-by-side refrigerator, dishwasher, and built-in microwave. All three bedrooms are generously sized, offering incredible flexibility for guest rooms or a dedicated home office. The primary suite is a comfortable retreat, complete with its own fireplace, French door access to the second outdoor patio, a walk-in closet, and an ensuite bath featuring a dual-sink vanity, deep soaking tub, and separate tiled walk-in shower. Additional home highlights include convenient in-unit laundry, great closet storage, and exterior outdoor parking for one vehicle. Conveniently located near several grocery stores, world-class dining, boutique shopping, CTA Brown Line access, and everything Lake View has to offer!

3835 N Ashland Avenue Unit #1G, Chicago
Start Your Search



The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.